New Ways Ministry Inc
- Assets
- $3.1m
- Revenue
- $546.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Mount Rainier, MD
- Founding
- 09/1978
- Data as of
- 12/2023
- EIN
- 52-1122608
Organization Overview
New Ways Ministry Inc, operating under the name New Ways Ministry, is located in Mount Rainier, MD. The organization was established in 1978. According to its NTEE Classification (R26) the organization is classified as: Lesbian & Gay Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, New Ways Ministry employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Ways Ministry is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, New Ways Ministry generated $546.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $411.3k during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEW WAYS MINISTRY SERVES AS A BRIDGE BETWEEN LESBIAN/GAY/BISEXUAL/TRANSGENDER/QUEER (LGBTQ) CATHOLICS AND THE INSTITUTIONAL CHURCH. ITS MOST SIGNIFICANT ACTIVITIES ARE EDUCATIONAL PROGRAMS ABOUT CATHOLICISM, SEXUAL ORIENTATION, AND GENDER IDENTITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOCIAL MEDIA OR DIGITAL OUTREACH PROJECT INCLUDES A WEBSITE, PUBLICATION OF A DAILY BLOG ON LGBTQ CATHOLIC ISSUES, MULTIPLE SOCIAL MEDIA CHANNELS ON FACEBOOK, TWITTER, INSTAGRAM, LINKEDIN, AND AN EMAIL LIST.
TWELVE U.S. CATHOLIC BISHOPS MET AT ST. LOUIS UNIVERSITY WITH TRANS, NON-BINARY, AND INTERSEX PERSONS, MEDICAL PROFESSIONALS, THEOLOGIANS, A PASTORAL MINISTER, A PARENT, AND A LAWYER TO DISCUSS PASTORAL APPROACHES OF MINISTRY TO TRANS, NON-BINARY, AND INTERSEX PERSONS.
THE EDUCATIONAL OUTREACH PROJECT INCLUDES WORKSHOPS, MEETINGS, PRESENTATIONS FOR GROUPS, TRAININGS FOR CATHOLIC SCHOOLS AND PARISHES, WEBINARS AND ZOOM GATHERINGS ABOUT SYNODALITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis Debernardo Executive Director | Officer | 48 | $90,000 |
Dorothy Jeannine Gramick Treasurer/co-Founder | Trustee | 40 | $0 |
Christie Traina Secretary | Trustee | 4 | $0 |
J Gerald Fath Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $2,707 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $391,736 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $394,443 |
| Total Program Service Revenue | $41,533 |
| Investment income | $107,632 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,911 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $785 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $546,304 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,085 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,000 |
| Compensation of current officers, directors, key employees. | $4,500 |
| Compensation to disqualified persons | $11,688 |
| Other salaries and wages | $146,045 |
| Pension plan accruals and contributions | $25,898 |
| Other employee benefits | $21,014 |
| Payroll taxes | $17,788 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,169 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,672 |
| Office expenses | $885 |
| Information technology | $6,147 |
| Royalties | $0 |
| Occupancy | $4,189 |
| Travel | $22,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,906 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $411,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $78,079 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $193,331 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,300 |
| Net Land, buildings, and equipment | $18,863 |
| Investments—publicly traded securities | $1,089,681 |
| Investments—other securities | $0 |
| Investments—program-related | $1,742,866 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,127,220 |
| Accounts payable and accrued expenses | $18,070 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,070 |
| Net assets without donor restrictions | $1,109,150 |
| Net assets with donor restrictions | $2,000,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,127,220 |